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Jan 15, 2013
01/13
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president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal cliff for the
president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its...
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Jan 21, 2013
01/13
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we'll get into a little more of this and we'll talk about just what we've seen with president obama's first return to office and what we've might see for the next four years. and with more people looking to move their money out of bonds and maybe into equities, is it time to look at european stocks? there's plenty more of is that discussion on our website, cnbc.com. >>> german chancellor angela merkel lost a key regional vote in lower saxony. the bellwether for germany's upcoming national election. you can read about that over on our website and the world economic forum, davos kicks office later this week as global leaderes and politicians descend on switzerland to discuss world affairs. cnbc asks is davos the place for responsible capitalism or is it snow polo for the super rich? what do you think? >> i think we have to give them the benefit of the doubt. at least for the time being. let's talk again later in the week. >> are you going? >> no, no, but i'll be watching you. >> excellent. good answer. there's plenty more at cnbc.com if you want to see more for that coverage. and coming
we'll get into a little more of this and we'll talk about just what we've seen with president obama's first return to office and what we've might see for the next four years. and with more people looking to move their money out of bonds and maybe into equities, is it time to look at european stocks? there's plenty more of is that discussion on our website, cnbc.com. >>> german chancellor angela merkel lost a key regional vote in lower saxony. the bellwether for germany's upcoming...
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Jan 15, 2013
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it seems like something they would want to talk about. >> certainly. even michelle obama was offering, you know, her support saying she wants other retailers involved as well in this program. i'm not sure what happened. >> i am assuming they don't want to put themselves on television because. gun debate that is raging at the moment. it's a very difficult subject for the largest seller of weapons in the united states. if you look at what happened in the wake of the shooting that we had here, they removed the bushmaster ar-15 that killed 26 people from their website. and yet we're still selling semiautomatic guns, and many guns sold out of the semiautomatic guns and they say they're not prepared to change their gun mix. they're right in the heart of that debate as the largest licensed gun seller in the united states, as we get moves almost by the hour. the white house trying to change gun policy. >> exactly. >> reluctantly. they didn't want to go in the first instance and said, we didn't realize how important that it was that we were physically. >> we'll
it seems like something they would want to talk about. >> certainly. even michelle obama was offering, you know, her support saying she wants other retailers involved as well in this program. i'm not sure what happened. >> i am assuming they don't want to put themselves on television because. gun debate that is raging at the moment. it's a very difficult subject for the largest seller of weapons in the united states. if you look at what happened in the wake of the shooting that we...
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Jan 14, 2013
01/13
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but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking about it an awful lot. >> great question, carl. it's a political question. you can default on the interest payments, and that's a sort of, i guess the technical or legal version of default. or you can default on obligations. in other words, the government incurs a debt, but doesn't pay it. that's of a different order of magnitude from defaulting on the interest payments on the debt. in general, the white house wants you to believe that default is everything. and it's a terrible, terrible thing to happen. where as i think the republican point of view is more narrow, that you can default on other payments a
but i talked to several fed officials about prior debt ceiling showdowns, and they said the fed said there would be no way to proceed without money in the treasury. we'll see what president obama says in his press conference, if he ratchets up the rhetoric this morning. he's been clear he would negotiate only spending cuts, but not in context of the debt ceiling debate. simon? >> okay. >> steve, are we all agreed on what the word default means in this case? we're going to be talking...
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Jan 18, 2013
01/13
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said we're going to have an economist on today on how you get -- you know, we're going to talk to him. he says the one thing that would hurt the economy is in cuts in social security or medicare or medicaid. any type of reform to those things. >> to the true liberal -- >> other than raising taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i don't know who, to the point where we never actually reform medicare, medicaid or social security. >> the question i want to ask him, is there ever a time that he's making, is it now given where we are in the economy? >> well, the question is, you put in a hundred and you take out 400 in medicare and the government covers 300. >> and it makes no sense. >> well, no, but there are people that think that the government's roll is to provide that 300. and so we should raise taxes to the point where you -- it doesn't matter that you -- >> right. >> it doesn't matter. that is the redistribution. >> that's the agal te
said we're going to have an economist on today on how you get -- you know, we're going to talk to him. he says the one thing that would hurt the economy is in cuts in social security or medicare or medicaid. any type of reform to those things. >> to the true liberal -- >> other than raising taxes up to the level where you fund the promises that we've already made. the entitlements that we've already made and the guarantees we've made, they just want to raise taxes on somebody. i...
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Jan 20, 2013
01/13
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even president obama said that in the last couple days. that's going to cost money. we need to fund that someway. if it is a 1% tax, talking about pennies, and i am considering it. >> to tax or not, where do you stand? >> tax. it is pretty clear these games influence behavior and the increase in violence, and we can't ban them, so let's tax it and let's use the money for education and for clean up from the aftermath of these violent-related masacres. >> last word, thank you, folks. coming up, you don't have nonbuyers remorse because you missed out on these run ups. our informers have stocks you need right now. >>> at 4:00 this morning two intruders broke into the home of a woman and they demanded they give her cash. >> one of the men held me down and put a pillow on my face and kept yelling they want money. i never have been so scared in my life.
even president obama said that in the last couple days. that's going to cost money. we need to fund that someway. if it is a 1% tax, talking about pennies, and i am considering it. >> to tax or not, where do you stand? >> tax. it is pretty clear these games influence behavior and the increase in violence, and we can't ban them, so let's tax it and let's use the money for education and for clean up from the aftermath of these violent-related masacres. >> last word, thank you,...
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Jan 20, 2013
01/13
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even president obama said that in the last couple days. that's going to cost money. we need to fund that someway. if it is a 1% tax, talking about pennies, and i am considering it. >> to tax or not, where do you stand? >> tax. it is pretty clear these games influence behavior and the increase in violence, and we can't ban them, so let's tax it and let's use the money for education and for clean up from the aftermath of these violent-related masacres. >> last word, thank you, folks. coming up, you don't have nonbuyers remorse because you missed out on these run ups. our informers have stocks you need right now. overmany discounts to thine customs! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some to spare. oh, you have any of those homeowners discounts? here we go. thank you. he took my shield, my lady. these are troubling times in the kingdom. moreiscounts than we knoweth what to do with. now that's progressive. we don'
even president obama said that in the last couple days. that's going to cost money. we need to fund that someway. if it is a 1% tax, talking about pennies, and i am considering it. >> to tax or not, where do you stand? >> tax. it is pretty clear these games influence behavior and the increase in violence, and we can't ban them, so let's tax it and let's use the money for education and for clean up from the aftermath of these violent-related masacres. >> last word, thank you,...
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Jan 16, 2013
01/13
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FBC
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house, national debt was 10 trillion when he came in, it is 16 trillion, he has not thinked for his talk about corporate responsibility and millionaires and billionaires paying their fair share that last tax bill as more corporate welfare to billionaire friends of barack obama than any pork bill we've seen so far. >> obama will not last too long when they see this hypocrisy. >> i cannot believe we're calling it responsible to consider defaulting on some of our obligation today so maybe at some point in the future there will not be a debt collapse. you say we should default today so there will not be a default in the future. neil: he didn't say default, i want to get away from idea we go to financial armageddon here. having said that. tina, i want to take michael at his word he would be just as outraged, looking at what democrats pulled then versus now, let's be fair, he is right to say a pox on both party houses. here is where we are, in present, here is what we're out to do, look at another debt increase, without addressing the underlying problem that keep bringing us, to this moment. w
house, national debt was 10 trillion when he came in, it is 16 trillion, he has not thinked for his talk about corporate responsibility and millionaires and billionaires paying their fair share that last tax bill as more corporate welfare to billionaire friends of barack obama than any pork bill we've seen so far. >> obama will not last too long when they see this hypocrisy. >> i cannot believe we're calling it responsible to consider defaulting on some of our obligation today so...
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Jan 19, 2013
01/13
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technically speaking its more like fascism, he's talking about obama-care. socialism is where the government owns the mean of production, and in fascism the government doesn't own the means of production, but they do control it, and that's what's happening in our healthcare programs and these reforms. guys, i want to go you, michael shure, what are your thoughts on this? is obama a fascist? >> no, he's not. my favorite was when mackey went on to say, i'm sorry, i didn't mean fascist. some people would associate that with hitler and mussolini, i'm paraphrasing here. what else do you associate it with? it was totally out of line and it made me want to buy processed foot more. >> ana: i love that you mentioned him back peddling a little bit he released people were up set about it. the price of his stock did not drop at all, which i found interesting, but he found that the criticism was too much to bear, so he went on fox news and said the following. >> there is so much emotional baggage with that term dating back to germany, and spain, and italy in world war ii
technically speaking its more like fascism, he's talking about obama-care. socialism is where the government owns the mean of production, and in fascism the government doesn't own the means of production, but they do control it, and that's what's happening in our healthcare programs and these reforms. guys, i want to go you, michael shure, what are your thoughts on this? is obama a fascist? >> no, he's not. my favorite was when mackey went on to say, i'm sorry, i didn't mean fascist. some...
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Jan 13, 2013
01/13
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. >> talking with frederic block, author of "disrobed." thanks so much. >> thanks a lot. it's a pleasure. >> booktv continues now with diana furchtgott-roth. she takes a critical look at president obama's green jobs initiatives and argues that it hurts the economy. this is about 40 minutes. >> good afternoon. i'm vice president for policy research at the ma
. >> talking with frederic block, author of "disrobed." thanks so much. >> thanks a lot. it's a pleasure. >> booktv continues now with diana furchtgott-roth. she takes a critical look at president obama's green jobs initiatives and argues that it hurts the economy. this is about 40 minutes. >> good afternoon. i'm vice president for policy research at the ma
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Jan 13, 2013
01/13
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well, this is an appropriate day, talk about regulating the disaster because last night president obama promised once more to develop the entity sources of the future. now, when any administration, republican or democrat, decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is a question of industrial policy. whether the government should support business in new technologies that are unable to secure private funding. government appears to be worse at this and private, from the records we have over the past five years. in contrast, industries in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company, it makes it harder for solar technology generally, because the scores of other entrepreneurs in the solar field suddenly lost the opportunity to get capital. who wants to put money into a solar company when the government puts half-billion into one of its choice? excellent question. a
well, this is an appropriate day, talk about regulating the disaster because last night president obama promised once more to develop the entity sources of the future. now, when any administration, republican or democrat, decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers which leads to cronyism and wasted taxpayer dollars. this is a question of industrial policy. whether the government should support business in new...
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Jan 18, 2013
01/13
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FBC
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i'm talking about what's actually been spent. >> i know, and are you suggesting now that we should not pay those bills? is that really what you think? that we should not pay the bi s bills -- that we should not pay the bills? >> what i really think is we're not going to get the spending that we were promised. every time we're promised cutbacks in spending, we don't get it. >> that's into law. there's many many things that very been cut, and we're willing to go further. but to say that we're going to not pay the bills that have been incurred is just lunacy. david: the hardest question i have asked you so far, is evanston illinois still the most beautiful place in the world? >> it is absolutely the most beautiful place. we agree on that. david: i used to live there. congresswoman great to have you. have a wonderful weekend. >> thank you you too. david: appreciate it. liz: in an interview earlier this week whole foods market co ceo referred to the new healthcare law as quote more like fascism than socialism. his controversial comment got so much backlash from the company's customers that
i'm talking about what's actually been spent. >> i know, and are you suggesting now that we should not pay those bills? is that really what you think? that we should not pay the bi s bills -- that we should not pay the bills? >> what i really think is we're not going to get the spending that we were promised. every time we're promised cutbacks in spending, we don't get it. >> that's into law. there's many many things that very been cut, and we're willing to go further. but to...
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Jan 18, 2013
01/13
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we will talk with two bears, scott smith and stephen benjamin. also bill adair and how president obama is delivering on campaign promises. and jack buckley and tom loveless of the brookings institution. like every day at 7:00 eastern on c-span. -- live every day at 7:00 eastern on c-span. >> it was an important period of history. i felt their perspective should be brought to bear. there has been some other points of the crisis that was not entirely accurate. i thought it was an important for the historical record to present our perspective. i think currently for people to understand there were different policy options, disagreements. if we want to prevent another crisis from happening again, i felt the public needed to engage more on financial reform and educate themselves better and make it an issue with their elected officials. i tried hard to make the book accessible. >> the former head of the fdic, sheila bair on the worst financial crisis since the great depression. &a."y night on c-span's "q the american bankers association predicts weak gr
we will talk with two bears, scott smith and stephen benjamin. also bill adair and how president obama is delivering on campaign promises. and jack buckley and tom loveless of the brookings institution. like every day at 7:00 eastern on c-span. -- live every day at 7:00 eastern on c-span. >> it was an important period of history. i felt their perspective should be brought to bear. there has been some other points of the crisis that was not entirely accurate. i thought it was an important...
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Jan 16, 2013
01/13
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lots to talk about with david kooen. stay with us. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> let's continue the conversation in our strategy session. joining us right now, two cnn political contributors. the democratic pollster cornell belcher and republican strategist alex castellanos. the president laid out a very am bishops shous plan to deal with guns. cornell, you're familiar with this issue. can he deliver? >> well, i think he can deliver. if you look poll after poll, this is where the american people are. what happened in connecticut was a conscience jarring for americans. similar to what we saw on 9/11 where the world is not the same. americans are hungry for change. the assault weapons ban, the commonsense registration laws, fixing the loopholes, these are commonsense things that congress should get on board. you're seeing a lot of grumbling from congress right now. they don't understand where the am
lots to talk about with david kooen. stay with us. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> let's continue the conversation in our strategy session. joining us right now, two cnn political contributors. the democratic pollster cornell belcher and republican strategist alex castellanos. the president laid out a very am bishops shous plan to deal with guns. cornell, you're...